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Piccadily Agro IndustriesNSE:PICCADIL +3.02%64 Net Current Asset Value is ₹16.59 as of Mar. 2026, which is 100% below its 10-year median of 61.06. GuruFocus rates NSE:PICCADIL with a GF Score™ of 64/100 and a GF Value™ of ₹744.49 (Fairly Valued). The stock has 4 warning signs investors should review. Among 118 Beverages - Alcoholic companies, Piccadily Agro Industries ranks worse than 93.22% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Piccadily Agro Industries's net current asset value per share for the quarter that ended in Mar. 2026 was ₹16.59.
The historical rank and industry rank for Piccadily Agro Industries's Net Current Asset Value or its related term are showing as below:
NSE:PICCADIL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 31.21 Med: 61.06 Max: 2156.79
Current: 45.3
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Piccadily Agro Industries was 2156.79. The lowest was 31.21. And the median was 61.06.
NSE:PICCADIL's Price-to-Net-Current-Asset-Value is ranked worse than 93.22% of 118
companies
in the Beverages - Alcoholic industry
Industry Median: 5.175
vs NSE:PICCADIL: 45.30
Piccadily Agro Industries (NSE:PICCADIL) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Piccadily Agro Industries Net Current Asset Value Related Terms
Piccadily Agro Industries Net Current Asset Value Historical Data
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The historical data trend for Piccadily Agro Industries's Net Current Asset Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Piccadily Agro Industries Net Current Asset Value Chart
NSE:PICCADIL vs BF.B: Net Current Asset Value Comparison
For the Beverages - Wineries & Distilleries subindustry, Piccadily Agro Industries's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Piccadily Agro Industries Price-to-Net-Current-Asset-Value vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Piccadily Agro Industries's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Piccadily Agro Industries's Price-to-Net-Current-Asset-Value falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Net Current Asset Value of ₹16.59 mean?
Piccadily Agro Industries (NSE:PICCADIL) has a Net Current Asset Value of ₹16.59 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Piccadily Agro Industries and its competitors. This is 73% below median its historical median of 61.06. Over the past decade, Piccadily Agro Industries' Net Current Asset Value has ranged from 31.21 to 2,156.79. According to the industry distribution chart, Piccadily Agro Industries ranks #110 out of 118 companies in the Beverages - Alcoholic industry, placing it in the top 93.2%.
Is Piccadily Agro Industries' Net Current Asset Value too high?
Piccadily Agro Industries' current Net Current Asset Value of ₹16.59 is 73% below median its 10-year median of 61.06. Over the past 10 years, this metric has ranged from a low of 31.21 to a high of 2,156.79. Based on the distribution chart, Piccadily Agro Industries ranks #110 out of 118 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Piccadily Agro Industries has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Piccadily Agro Industries' Net Current Asset Value compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Piccadily Agro Industries ranks #110 out of 118 companies for Net Current Asset Value. This places Piccadily Agro Industries in the lower half of its industry. The industry median Net Current Asset Value is 5.18. Historically, Piccadily Agro Industries' own Net Current Asset Value has ranged from 31.21 to 2,156.79 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Beverages - Alcoholic company?
The median Net Current Asset Value among Beverages - Alcoholic companies is 5.18, based on 118 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Piccadily Agro Industries and its competitors. For the Beverages - Alcoholic industry, the median Net Current Asset Value is 5.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piccadily Agro Industries's current Net Current Asset Value is ₹16.59, which is 73% below median its own 10-year median of 61.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piccadily Agro Industries stock overvalued right now?
Based on GuruFocus' analysis, Piccadily Agro Industries (NSE:PICCADIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹744.49, compared to a current price of ₹751.60 — trading 1% above its estimated fair value. The current Net Current Asset Value is ₹16.59, which is 73% below median its 10-year median of 61.06. Piccadily Agro Industries' overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Piccadily Agro Industries (NSE:PICCADIL), the current Net Current Asset Value is ₹16.59 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Piccadily Agro Industries (NSE:PICCADIL) Overvalued in 2026?
Based on GuruFocus' analysis, Piccadily Agro Industries stock appears to be overvalued.
The current stock price of ₹751.60 is trading 1% above its estimated GF Value™ of ₹744.49.
GuruFocus considers Piccadily Agro Industries to be Fairly Valued.
Key valuation signals for NSE:PICCADIL:
Net Current Asset Value: ₹16.59 (73% below median its 10-year median of 61.06)
GF Value™: ₹744.49 vs. price of ₹751.60 (1% above fair value)
No single metric tells the full story. See the NSE:PICCADIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piccadily Agro Industries Ltd is an Indian company engaged in the manufacturing of white crystal sugar from sugarcane grown in nearby rural areas, along with related products such as molasses, power, and bagasse. The company is also involved in the production of rectified spirits, extra neutral alcohol (ENA), and malt, as well as the conversion of resin into PET bottles used for liquor in the distillery segment. It operates through two reportable segments: Sugar and Distillery. The Sugar segment includes refined sugar, molasses, bagasse, and power cogeneration, while the Distillery segment produces liquor, malt, carbon dioxide gas, ethanol, and PET bottles. The majority of the company's revenue is generated from the Distillery segment.
64GF Score
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